If you've experienced the previous bear market, you can see that the current situation is much better. Not everyone who entered the space for the first time can feel this difference.

On-chain activity is noticeably different. Discussions on Twitter are more active (although there are many bearish voices), but this precisely indicates that market attention is there. More importantly, this cycle has seen a scale and speed of new user entry far surpassing the previous one, driven by the explosion and growth spiral effect of memecoin.

The number of on-chain participants is increasing, and the community is expanding. These are tangible changes. The infrastructure of the ecosystem and the user base are more solid than in the last bear market.